| TNA latest price $100.2200 (7.15%) ($93.5000 - $100.6700) on Wed. Feb. 24, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.86% (three month average) |
RSI | 70 |
Latest Price | $100.2200(7.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.7% a day on average for past five trading days. |
Weekly Trend | TNA advances 0.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability) VT(88%) XRT(86%) VFMO(84%) XAR(83%) XLI(83%) |
Factors Impacting TNA price | TNA will decline at least -1.93% in a week (0% probabilities). VIXM(-66%) UUP(-37%) VXX(-24%) IGOV(-4%) TBT(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.93% (StdDev 3.86%) |
Hourly BBV | 1 () |
Intraday Trend | 6.1% |
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